Software Magazine Ranks ProSight as one of the World's Largest Software Companies
10/17/2006

ProSight Named to Software Magazine's 24th Annual Software 500

PORTLAND, OR - ProSight today announced its inclusion on the Software 500, Software Magazine’s list of the world’s foremost software and services providers, published as an online catalog on www.softwaremag.com

ProSight has ranked No. 325 on the 2006 list.  For the third consecutive year, The Software 500 included ProSight as one of the world's largest software and services companies.  In 2005, ProSight was ranked No. 393 and in 2004 was ranked No. 407.

"2005 was an outstanding year for ProSight, and our strong financial results demonstrate the demand for our award-winning Enterprise Investment Management solutions, said John Cimral, ProSight’s president and CEO.  “We remain committed to enhancing our world-class software and services offerings and continuing our pursuit of delivering solutions that drive exceptional business performance for our customers."

In addition to the Software 500 listing, ProSight has received numerous other awards and accolades. The company was named to the INC 500 list of the nation’s fastest growing private companies and the Portland Business Journal’s list of the fastest growing privately-held companies in Oregon.  In addition, ProSight was named on Government Computer News’ list as the #20, of the top-25, software vendors for the US Federal government.  Cimral added, “We are certainly honored by all of ProSight’s recognition and hope to continue to rank in the Software 500 for years to come.”

Go to http://online.qmags.com/swm0906/ (page 35) to view the digital Software Magazine publication and be among the first to see the 2006 Software 500.

The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners,” says John P. Desmond, editor of Software. “It is a quick reference of vendor viability. That is content of value.”

The ranking is based on total worldwide software and services revenue for 2005. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.softwaremag.com, as well as from public documents.
 

About ProSight
ProSight offers world-class Enterprise Investment Management solutions for government and business.  These solutions drive the planning and control for all types of business or technology investments, deploying objective, auditable processes and metrics, while facilitating collaboration among all stakeholders.  ProSight’s customers get rapid results, including rationalization of current spending, optimization of support for the business, and active governance to obtain the highest possible return on investment.  For more information on ProSight and our customers’ success, visit www.prosight.com.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for nearly 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies, now in its 24th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

Media and analyst contact
For media and analyst inquiries, please contact Steve Hall, Marketing Manager, ProSight, Inc., 503.889.4887, steve.hall@prosight.com.




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